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What is PAID?

PAID! is our "Participation Awards & Incentive Drive!" – a points based award system to recognise the members who help us to drive the business forward.  PAID! encourages participation and activity on the Madiston LendLoanInvest website and generates award points for our members.  Points can be converted to be used on the website or withdrawn as cash.

What are the points worth?

Points are valued for use on this site at 1 point equals £0.10, 10p or 10 points to the pound.
Effectively these points reduce the cost of borrowing to borrowers by more than 1% and boosts the interest received by lenders by 1.5% or more.

What activity qualifies for PAID!?

There are many things that we need to do, not least:

  • tell everyone about us and how we are different
  • find reliable lenders and borrowers to complete fair loans 
  • constantly improve our site so it is efficient, full of useful features and responds to new ideas
  • help new members learn how the markets operate so they gain maximum benefit.  

Helping us with all these things will earn you points to say thank you.

How many points are earned for the various activities?

The following table sets out the points available from various activities:

% Value
Register on the site
Invite new user/friend
Your invited new user/friend registers
You buy Borrower Membership
You buy Advanced Borrower Membership
You buy Lender Membership
You buy Advanced Lender Membership
You buy Compensation Scheme Membership
You lend on Madiston LendLoanInvest
You borrow on Madiston LendLoanInvest
Vote on a Poll
Complete a Survey
Start thread on Forum
Post on Forum
Submit a testimonial, video or article*
Accurately reporting a confirmed software bug*

*Approval needed by administration team before publishing

Important Notes: The reversal or cancellation of transactions reverses out the awarded points. 
Madiston LendLoanInvest reserves the right to make changes to the PAID! System and in the event of any dispute, Madiston management team’s decision is final. 

How can I check how many points I have earned for the various activities?

You will find a PAID! points total in your Profile on the site.

How can I use my PAID points?

Your points may be used on the website as an equivalent in cash for lending, buying a membership, paying fees or interest, making a missed repayment on a loan or withdrawn as the equivalent in cash.